Advantech Promotes IIoT Industry Chains with Solution-Ready Packages

8/9/2018

Advantech,
a leading company in intelligent systems (stock symbol: 2395), today held its
investors' conference. After working to build an industrial IoT (IIoT)
ecosystem throughout the first half of 2018, the company has announced plans to
aggressively promote its Solution-Ready Packages (SRPs) and continue working
with partners in co-creating the industrial ecosystem for the remainder of the
year. By incorporating the concept of edge intelligence and integrating
wireless, display, and storage technologies, Advantech plans to improve its strategic
orientation by quickly applying embedded IoT technology in different industries
and establishing itself as a leader in the IIoT sector. The company further reported
on the progress of the upcoming “Advantech IoT Co-creation Summit,” which will
take place on November 1~2 in Suzhou, China. Over one hundred clients,
co-creation partners, and media representatives are confirmed to have signed up
for the summit, marking the start of the next stage of IoT development.

Allan
Yang, Advantech's Chief Technology Officer, stated that the key to applying
IIoT to different industries lies in collaboration and integration between IIoT
technology and expert companies. This is expected to lead to the creation of
standardized and replicable SRPs that combine hardware and software systems. These
SRPs can then be installed by system integrators, thus forming comprehensive
regional solutions and creating an IIoT industry chain. By combining IoT and
world-leading embedded edge computing systems, Advantech has further built the
WISE-PaaS IoT Edge Intelligence platform to realize the speedy construction and
deployment of various IIoT solutions, including SRP cloud services.

Advantech’s
SRP co-creation model with its business partners has proven effective in
promoting an industry solution ecosystem. Advantech exhibited its co-created
solutions in late June at the Linkou IoT Campus and early August and Kunshan
A+TC, and these included solutions for fleet management, intelligent healthcare,
system integration, Industry 4.0, and smart factory system integration, equipment
protocol conversion, remote operation and maintenance services for CNC machines,
smart parking, electric vehicle charging, equipment vibration monitoring, and RTLS
for smart hospitals, some of which have already been applied in commercial
operations. More co-creation SRPs are expected to be released, and they will be featured in November’s “Advantech IoT Co-Creation Summit.”

With
regard to Advantech’s embedded IoT technology and strategic developments,
Miller Chang, President of Advantech’s Embedded-IoT Group, expects quick
progress in two aspects: First, Advantech will incorporate the edge intelligence
concept into the design of embedded products (e.g., boards and systems) to
enhance their competitiveness and expand their application in different industries
and fields, including self-service kiosks and automated equipment IEM. Second,
Advantech will be actively adopting wireless (NB-IoT), display (curved displays),
and storage (3D NAND) technologies in the development of accessory module
products and solutions. This is expected to assist system developers in quickly
implementing all kinds of IoT applications.

Linda
Tsai, President of Advantech’s Industrial-IoT (IIoT) Group, stated that
Advantech’s IIoT Group had enjoyed excellent results over the last two years—particularly
in the Greater China Region—thanks to developments in intelligent manufacturing.
To further establish itself in the IIoT market, the company has adopted a
two-pronged approach. On one hand, Advantech will develop focused product
strategies for different markets and sales channels while increasing the number
of sales channel partners and volume of online retailing. On the other hand, the
company will pursue a focused development approach for its internal divisions,
search for outstanding co-creation partners, and create a global IoT.SENSE
team. Local sales teams will continue to receive support with software
technology such as WISE-PaaS and other SRPs, the aim of which is to boost SRP sales
to promote IIoT in different regions.

Finally, regarding the “Advantech IoT Co-Creation Summit” scheduled for November
1~2 at the Suzhou International Expo Center, more than a hundred clients, co-creation partners, and media representatives
have confirmed their participation. The event is expected to attract approximately
6,000 attendees. Participants will
be demonstrating the outcomes of their co-creations and presenting a diverse
range of professional views on current and future developments. The event will
include 100 in-depth discussion seminars
on IoT-related topics, the display of 30 IoT solutions (AIoT.SRP) co-created
with business partners, and innovative applications in key industry domains by
50 co-creation partners. The company is inviting all clients and
partners to join in the celebration.